What does GDPR stand for, and what does it regulate?

The acronym GDPR stands for General Data Protection Regulation. This regulation was established to enhance and protect individuals' data privacy and privacy rights within the European Union and the European Economic Area. The primary goal of GDPR is to give individuals control over their personal data and to establish a framework for how organizations can handle this data. It mandates strict guidelines for data processing, storage, and consent, ensuring that personal information is collected, used, and shared in a transparent and secure manner.

The focus on data protection and privacy underlines the significance of safeguarding individuals' rights in a digital age, particularly as data breaches and misuse of information have become prevalent. Organizations that fail to comply with GDPR can face substantial fines, which underscores the regulation's critical role in maintaining data security and accountability among businesses handling personal data.